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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: Walk Softly who wrote (1888)6/8/2001 2:05:48 PM
From: Walk Softly  Read Replies (2) | Respond to of 6873
 
KOSP I should mention that I really dislike stocks that run 75%+ in front of an upgrade.... stuff like this really stinks.... and smacks of a real sucker play.... especially on thinly traded stocks with no fundos.... 8 times sales and effectively zero cash (that's right $.17/share... $3mil cash).... with a cash burn of roughly $10mil/quarter... they need an infusion.... a secondary will surely be announced soon.... and for sure, by the same firm that upgraded them....